I’ve rounded up FOUR mechanical forex strategies right here to see how they performed recently. Take a look!
I’ve got a neat systems snapshot table for their latest performance down below, but keep in mind that the time periods and some trading assumptions vary among my fellow FX-men.
HLHB Trend-Catcher System
The Huck Loves Her Bucks mechanical system uses a simple EMA cross method, combined with the RSI and ADX indicators, to catch short-term trends on the 1-hour charts of EUR/USD, GBP/USD, and USD/JPY.
In this week’s update, Huck details how closing one trade from an open position from the previous week yielded a nice 185-pip (+0.62%) gain for her trend-catcher. Read more.
SMA Crossover Pullback
Robopip’s newbie-friendly SMA Crossover Pullback trading system is as simple as its name suggests. This strategy features an SMA crossover method to gauge the trend and a stochastic pullback entry signal on the 1-hour charts of EUR/USD, GBP/USD, and EUR/JPY.
This mech system saw another shaky week as it got caught up in new crossovers and early exits.All three pairs I’m watching snagged losses, ending up with a 275-pip or 1.83% dent overall. A couple of positions on the euro pairs have been freshly opened. Read more.
Short-Term Bollinger Reversion Strategy 2.0
This Short-Term Bollinger Reversion Strategy 2.0 is one of Robopip’s newest creations and is currently being tested on range-bound pairs like CAD/CHF and USD/CAD.
This mean reversion system had one of its better runs, even though it only caught a few signals on both pairs. CAD/CHF, in particular, caught a pretty huge win and put the system up by 98.5 pips or 1.97% for the week. Read more.
Inside Bar Momentum Strategy 2.0
Another tried-and-tested system is Robopip’s Inside Bar Momentum Strategy 2.0 which monitors purely candlestick price action, free of any technical indicators, on the 4-hour charts of GBP/JPY and USD/JPY.This strategy saw plenty of inside bar patterns but only a few valid signals came up for Guppy. Unfortunately, its early losses were much larger than its sole win, yielding a 37-pip loss in total. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Apr. 13 – 17 | +185 | +0.62 |
| SMA Crossover Pullback System | Apr. 7 – 14 | -275 | -1.83 |
| Short-Term Bollinger Reversion Strategy 2.0 | Apr. 2 – 16 | +98.5 | +1.97 |
| Inside Bar Momentum Strategy | Apr. 4 – 17 | -37 | – |
Check out how these trading systems fared in the previous Forex Mechanical Systems Showcase!
